It’s hard to research cheating behavior in companies—can you trust people to admit to it? The recent Ashley Madison hack provided a treasure trove of independent data on cheating behavior by providing corporate email addresses connected to prospective adulterers’ profiles. More Ashley Madison profiles within a corporate email domain correlated to more corporate risk-taking behavior.
The Wall Street Journal covered this research by William Grieser (PhD Finance ’15, MSU) and Nishad Kapadia, both from Tulane University, as well as Broad’s Qingqiu Li, doctoral student in finance, and Andrei Simonov, associate professor of finance. Read more at the Wall Street Journal.